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Listed by Edward B Wright III • Wright Realty, Inc.
$ 980,000
Est. payment | /mo
5.29 Acres Lot
$ 980,000
Est. payment | /mo
5.29 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID VACU2009706
HOA Y/N N
Available Date 2025-02-07
Annual Tax Amount $3,678
Tax Year 2022
Lot Size 5.290 Acres
Acres 5.29
Property Sub-Type Land
Source BRIGHT
Property Description
Light Industrial lot totaling 5.29 acres located in the Technology Zone next to Terremark data-center, SWIFT, Library of Congress and Germanna College. Site can accommodate a development of 100,000 sf building with flex, warehouse, office or data-center with substantial parking. All utilities available to site, including fiber, sewer, water, natural gas and redundant electric power. Easy access to US 29 and RT3 and old town Culpeper shops, restaurants and breweries. The local government is pro-business. Neighboring 8.25 acre parcel also for sale. Tax Number: 41--98B (5.29 Acre Lot).
Property is located in a Technology Zone which has an incentive program that reimburses business taxes based on the economic impact of new development. Qualified technology zone businesses which voluntarily comply with the Entrance Corridor Overlay District of the Culpeper County Zoning Ordinance may be eligible to receive incentive grants established by the Technology Zone Economic Development Policy.
Economic Development Incentives: Culpeper County recognizes the importance of being competitive to attract new business development. To that end, local tax incentive programs have been developed to assists industry with project financing and the cost of work force training. Financial incentives have been made available to eligible businesses that invest at least $500,000 in new capital improvements in Culpeper County. Other economic development incentives can be developed on a case-by case basis tailored to the needs of a particular business prospect. Culpeper County is also the Grantee of Foreign-Trade Zone #185 and, under the Alternative Site Framework, can expedite application process for a business-driven zone.
Property is located in a Technology Zone which has an incentive program that reimburses business taxes based on the economic impact of new development. Qualified technology zone businesses which voluntarily comply with the Entrance Corridor Overlay District of the Culpeper County Zoning Ordinance may be eligible to receive incentive grants established by the Technology Zone Economic Development Policy.
Economic Development Incentives: Culpeper County recognizes the importance of being competitive to attract new business development. To that end, local tax incentive programs have been developed to assists industry with project financing and the cost of work force training. Financial incentives have been made available to eligible businesses that invest at least $500,000 in new capital improvements in Culpeper County. Other economic development incentives can be developed on a case-by case basis tailored to the needs of a particular business prospect. Culpeper County is also the Grantee of Foreign-Trade Zone #185 and, under the Alternative Site Framework, can expedite application process for a business-driven zone.
Location
State VA
County Culpeper
Zoning LI
Exterior
Water Access N
Garage N
Building
Sewer No Sewer System
Water None
Schools
School District Culpeper County Public Schools
Others
Tax ID 41 98B
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Virtual Tour https://www.youtube.com/watch?v=ZzJbwiqQVHY
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